Capital Gains Tax

[fungus pudding]

Leveraging the investment using the investment itself as collateral? It may happen for some share investors today but I imagine nowhere to the same extent as happens with real estate.

That's because of the N.Z. Banks conservative approach to lending. The point I was trying to make is that tax law does not distinguish, but treats shares and property equally. i.e. there is no special treatment for real estate as a class. Just borrow from a rich uncle.

[Bjauck]

That's because of the N.Z. Banks conservative approach to lending. The point I was trying to make is that tax law does not distinguish, but treats shares and property equally. i.e. there is no special treatment for real estate as a class. Just borrow from a rich uncle.

The definition of what is a taxable dividend would also need to be compared with what constitutes current taxable returns from property.

However in relation to CGT I understand. Perhaps the crux of “fairness” lies in real world practice and the comparison of taxes raised per $1 net return on the investment.